Aldar and Mubadala Investment Company have completed an AED 654 million acquisition of The Link at Masdar City through their 2024 joint venture. The mixed-use development is fully leased to major institutions, including Masdar and MBZUAI. Covering 32,000 square metres, the site features LEED Platinum office space and residential units. This deal highlights the growing demand for high-quality, sustainable assets within Abu Dhabi’s innovation ecosystem.
Talaat Moustafa Group has unveiled "The Spine," a landmark cognitive city project in Egypt. Launched alongside Prime Minister Dr Mostafa Madbouly, the EGP 1.4 trillion development integrates artificial intelligence with urban living. The project aims to contribute 1 per cent to Egypt’s GDP and create 155,000 jobs. It features a Special Investment Zone designed to attract global corporations through digital infrastructure and simplified regulations.
A new energy positive hub named Écosystème D has launched in Dunkirk to drive the regional energy transition. Located on Mole 2, the bioclimatic building houses an incubator, training centre and technology hall. Designed by Snøhetta, the project produces more energy than it uses through 1,200 m² of solar panels. It serves as a strategic link between the industrial port and the city centre.
The UK Government has officially granted a Development Consent Order for the Springwell Solar Farm in Lincolnshire. This major planning approval allows the joint project between EDF power solutions limited and Luminous Energy to move toward the construction phase. Once it is fully operational, the site is expected to generate enough renewable electricity to supply more than 180,000 homes every year, helping to secure the UK's future energy mix.
Global hospitality firm Banyan Group has announced its first US project with the launch of Banyan Tree Residences West Palm Beach. Developed alongside Mast Capital and Curated JCZM Development, the luxury tower features 88 homes designed by a collective of world-renowned architects and designers. The project marks a major milestone for the brand as it brings its signature wellness-focused residential model to the South Florida market.
SLP has officially broken ground on SLP Park Tien Du, a major ready-built factory development in Bac Ninh province. This project marks the eighth venture for the industrial developer in Vietnam. Situated within the Dai Dong Hoan Son Industrial Park, the facility will provide over 74,000 square metres of Grade-A space. The development is designed to meet growing demand for operational-ready infrastructure amongst global manufacturers.
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